What You Need to Know Today: October 22

Good afternoon, Early Risers!

Here’s what you need to know

TECH

A la carte TV subscriptions. “The Internet is doing to cable what cable did to broadcast: broadening a set of choices,” says YouTube CBO Robert Kyncl. YouTube’s ad-free paid subscription service ‘Red’ rolls out today — here’s everything you need to know. What a lot of you are probably thinking is ‘anothersubscription service I need to buy…’ I feel ya.

For millennials and younger generations, monthly cable TV bills will no-doubt be replaced by three, four, or maybe even five or six, different streaming subscriptions. TIME even wrote an article outlining the “7 Streaming TV Packages That Will Let You Cut the Cord For Good.” Don’t get too excited. These ‘packages’ are just an aggregation of the best streaming subscriptions for your viewing taste. So you would still be purchasing these streaming subscriptions a la carte.

But what if you could buy one streaming subscription and access all your favorite streaming services? I predict we’ll see startups rolling out truestreaming TV packages soon, at a fraction of the cost of multiple a la carte subscriptions. The future of TV will look like your parents’ TV bill, but without the commercials.

Twitter offers a new way to tell your story. Twitter launches a new tool today, called Curation — which let’s anyone curate tweets into a story. The story can then be published on any site with an embedded link. Full details.

“Cars bursting into flames are never a good thing. So when a Tesla Model S ran over a metal object in Kent, Washington, in October 2013 and burst into flames, owners, potential customers, investors, and company executives got worried. When the same thing happened a few weeks later in Smyrna, Tennessee, federal regulators opened an investigation. We all know what happens next: a massive recall, costly repairs at dealerships nationwide, and a painful financial hit to the carmaker. Yet none of that occurred. The problem was that the Model S could lower its chassis at highway speeds to be more aerodynamic, and if debris hit the car’s battery pack in just the wrong way, it could catch fire. So Tesla beamed a software update to the affected cars, raising ground clearance at highway speeds by one inch. The problem went away. Just four months after opening their investigation, the regulators closed it.” (Fortune). This is one example of how 21st Century Corporations deal with friction. Fortune’s Geoff Colvin thinks we’re in the midst of an Industrial Revolution — he’s probably right — and here’s why.

What successful candidates do differently in job interviews. The New York Times reports, “ESPN to Lay Off 300 Workers, Reacting to Shifts in Sports Viewing.” Since October 2013, ESPN has gone from 98.9 million subscribers down to 91.8 million — due to cord-cutting and the Internet. This is clearly a problem the sports network needs a solution to. “ESPN, which has about 8,000 employees, cut 300 to 400 jobs two years ago, but said it would continue to hire,” says the Times. Who do you think ESPN is looking to hire then? This article might give you a hint.

More sex is good for the economy. “In response to declining population trends that could hurt its economy, Denmark has launched an ad campaign to encourage young couples to have more sex. It’s hard to imagine this kind of thing convincing anyone to actually change their bedroom habits, but it’s obviously true that how much sex people have, and with whom, has economic consequences.” JSTOR on “What Early Economists Thought About Sex.”

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Nick Papple is the Managing editor of Success Formula Daily and one of Early to Rise's youngest up and comers. Nick works closely with editor Craig Ballantyne, curating content, writing and editing essays for the daily newsletter. Nick has a Bachelor of Science degree in Human Kinetics from the University of Guelph in Canada. Ge...